Starlog Enterprises Ltd
Incorporated in 1983, Starlog Enterprises
Ltd is in the business of providing cranes
on rental basis and ancillary business[1]
- Market Cap ₹ 58.4 Cr.
- Current Price ₹ 39.0
- High / Low ₹ 92.4 / 38.6
- Stock P/E
- Book Value ₹ 61.9
- Dividend Yield 0.00 %
- ROCE -0.79 %
- ROE -2.70 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.63 times its book value
- Debtor days have improved from 249 to 170 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -10.4% over past five years.
- Company has a low return on equity of -15.2% over last 3 years.
- Contingent liabilities of Rs.188 Cr.
- Company has high debtors of 170 days.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -12.9%
- Working capital days have increased from -994 days to 122 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Transport Infrastructure Port & Port services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 74.37 | 71.77 | 78.63 | 63.45 | 28.37 | 24.56 | 20.71 | 18.14 | 14.48 | 8.01 | 11.41 | 11.99 | 10.76 | |
| 36.62 | 44.80 | 37.84 | 36.52 | 24.50 | 18.29 | 13.04 | 13.40 | 15.08 | 10.14 | 9.26 | 9.46 | 10.67 | |
| Operating Profit | 37.75 | 26.97 | 40.79 | 26.93 | 3.87 | 6.27 | 7.67 | 4.74 | -0.60 | -2.13 | 2.15 | 2.53 | 0.09 |
| OPM % | 50.76% | 37.58% | 51.88% | 42.44% | 13.64% | 25.53% | 37.04% | 26.13% | -4.14% | -26.59% | 18.84% | 21.10% | 0.84% |
| 1.97 | 7.22 | 11.66 | 0.09 | 23.84 | 4.87 | -69.00 | 3.55 | 9.56 | 52.83 | 5.66 | 28.96 | 3.45 | |
| Interest | 32.22 | 31.50 | 29.54 | 30.84 | 23.05 | 24.90 | 25.80 | 27.54 | 26.88 | 10.71 | 5.51 | 1.15 | 1.20 |
| Depreciation | 35.00 | 22.59 | 24.11 | 20.58 | 16.66 | 14.26 | 13.76 | 11.28 | 8.79 | 4.44 | 3.26 | 3.28 | 2.86 |
| Profit before tax | -27.50 | -19.90 | -1.20 | -24.40 | -12.00 | -28.02 | -100.89 | -30.53 | -26.71 | 35.55 | -0.96 | 27.06 | -0.52 |
| Tax % | -33.45% | -31.21% | -39.17% | -3.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -0.28% | 0.00% | 0.00% | |
| -18.30 | -13.69 | -0.74 | -23.48 | -12.00 | -28.03 | -100.89 | -30.54 | -26.71 | 35.64 | -0.96 | 27.06 | -0.51 | |
| EPS in Rs | -15.29 | -11.44 | -0.62 | -19.62 | -10.03 | -23.42 | -84.31 | -25.52 | -22.32 | 29.78 | -0.80 | 22.61 | 0.07 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -16% |
| 5 Years: | -10% |
| 3 Years: | -6% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 14% |
| 3 Years: | 25% |
| TTM: | -347% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | 32% |
| 3 Years: | 44% |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -15% |
| Last Year: | -3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 11.97 | 14.97 |
| Reserves | 200.51 | 186.51 | 185.77 | 140.30 | 127.71 | 99.93 | -0.79 | -31.33 | -58.19 | 42.49 | 41.53 | 68.59 | 77.68 |
| 237.83 | 213.47 | 193.73 | 183.93 | 127.49 | 116.39 | 106.11 | 90.92 | 80.60 | 16.59 | 18.65 | 14.03 | 4.18 | |
| 56.94 | 77.61 | 72.32 | 92.33 | 101.26 | 125.27 | 127.49 | 135.64 | 150.86 | 78.99 | 72.14 | 33.34 | 29.38 | |
| Total Liabilities | 507.25 | 489.56 | 463.79 | 428.53 | 368.43 | 353.56 | 244.78 | 207.20 | 185.24 | 150.04 | 144.29 | 127.93 | 126.21 |
| 276.05 | 251.63 | 209.96 | 189.43 | 139.17 | 124.24 | 97.77 | 81.95 | 65.27 | 32.78 | 29.13 | 18.75 | 19.52 | |
| CWIP | 18.73 | 7.09 | 7.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 64.09 | 117.06 | 141.28 | 151.52 | 151.52 | 151.52 | 74.85 | 74.85 | 74.85 | 74.85 | 74.84 | 74.84 | 74.84 |
| 148.38 | 113.78 | 105.46 | 87.58 | 77.74 | 77.80 | 72.16 | 50.40 | 45.12 | 42.41 | 40.32 | 34.34 | 31.85 | |
| Total Assets | 507.25 | 489.56 | 463.79 | 428.53 | 368.43 | 353.56 | 244.78 | 207.20 | 185.24 | 150.04 | 144.29 | 127.93 | 126.21 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 33.41 | 67.83 | 59.25 | 25.69 | 8.81 | 11.30 | 4.40 | 10.68 | 9.81 | -6.03 | 5.24 | -21.83 | |
| 0.68 | -17.44 | -7.94 | -2.43 | 34.84 | 2.67 | 16.38 | 8.95 | 10.72 | 24.44 | -3.23 | 10.70 | |
| -37.40 | -50.99 | -50.64 | -22.19 | -45.47 | -14.01 | -19.43 | -21.20 | -18.80 | -17.47 | -2.67 | 9.50 | |
| Net Cash Flow | -3.31 | -0.60 | 0.67 | 1.07 | -1.82 | -0.04 | 1.36 | -1.57 | 1.73 | 0.93 | -0.66 | -1.63 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 173.40 | 135.89 | 138.29 | 152.85 | 360.24 | 409.58 | 458.06 | 207.65 | 224.34 | 361.35 | 214.97 | 169.87 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 173.40 | 135.89 | 138.29 | 152.85 | 360.24 | 409.58 | 458.06 | 207.65 | 224.34 | 361.35 | 214.97 | 169.87 |
| Working Capital Days | 5.45 | -180.95 | -261.48 | -711.82 | -1,473.77 | -2,065.16 | -2,689.12 | -3,525.25 | -4,674.17 | -2,031.88 | -1,072.93 | 122.07 |
| ROCE % | 1.02% | 1.19% | 4.30% | 1.76% | -4.15% | -1.40% | -2.07% | -3.15% | -10.65% | -8.78% | 5.03% | -0.79% |
Documents
Announcements
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015, As Amended ('Listing Regulations')
26 Nov - SAT stayed SEBI order; deposit Rs.5 lakh within six weeks; next hearing Feb 06, 2026.
-
Report On Re-Lodgement Of Transfer Requests Of Physical Shares
13 Nov - Re-lodgement reports (Nov 5, 2025) for physical share transfer requests month ended Oct 31, 2025 under SEBI circular.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Nov - Newspaper Publication of the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2025.
-
Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Half Year Ended September 30, 2025.
4 Nov - Board approved Q2/H1 results (30 Sep 2025); Rs15.00 crore preferential allotment; ₹66.27 crore DRT recovery; exceptional loss recorded.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday, November 4, 2025.
4 Nov - Board approved Q2/H1 results; exceptional loss; Rs1,500 lakh preferential allotment; DRT recovery certificate Rs6,627.20 lakh.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Business Overview:[1]
SEL is a crane rental company which owns and operates cranes of up to 600 MT capacity for energy, infrastructure, and natural resources. The company has participated in several infrastructure projects on its own and in collaboration with global Port and Logistic providers